BUSINESS

Oct 16 2024BUSINESS

Pharmacies Shut Their Doors: What's Happening?

You know those neighborhood drug stores you've always gone to? Well, many are shutting down, and it's not just one or two. Walgreens is planning to close 1,200 stores. CVS is not far behind, closing a total of 1,144 stores between 2018 and 2023. Even Rite Aid is struggling, announcing the closure of

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Oct 16 2024BUSINESS

Entertaining New Spheres: Abu Dhabi's Latest Bid

Imagine a giant LED-lit dome standing tall in Abu Dhabi. The city's Department of Culture and Tourism just teamed up with Sphere Entertainment to build the world's second Sphere. This massive entertainment venue, first opened in Las Vegas, will now have a twin in the UAE's capital. It's a big deal,

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Oct 16 2024BUSINESS

The Incredible Journey of Barry Diller: A Memoir to Look Out For

Ever heard of Barry Diller? He's a big name in entertainment and business, and next spring, he's releasing a memoir called "Who Knew." Diller started small, working in the mailroom at the William Morris Agency. But he didn't stay small for long. He achieved some pretty amazing things, like producing

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Oct 16 2024BUSINESS

The Search for Calamansi: A Challenge for Chicago's Filipino Chefs

Filipino food is gaining popularity in Chicago, but finding key ingredients like calamansi, a citrus fruit, is tough. This small citrus is crucial to Filipino cuisine, but supply issues make it hard to get. Chefs like Joseph Fontelera from Boonie’s Filipino Restaurant and Melvin Reyes from Mano Mode

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Oct 16 2024BUSINESS

Bed Bath & Beyond Lives On, But Not Alone!

Remember Bed Bath & Beyond? It went out of business last year. But now, it's back – in a surprising way! The company, Beyond Inc., is giving it a new life by selling its famous products at a rival store, The Container Store. This partnership comes with a $40 million investment from Beyond Inc., help

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Oct 16 2024BUSINESS

Why Massachusetts is Still a Great Place to Live and Work

After living and working in different places, including other states and countries, Krystal-Rae Clarke moved to Florida to start her chef's table business, FoodSaucy. But when it came time to grow her business, she decided to plant roots in Massachusetts. Even though many people are moving from the

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Oct 16 2024BUSINESS

Airbus Trims Space and Defense Jobs to Stay Competitive

Airbus, a major player in the aerospace industry, has recently announced plans to cut up to 2,500 jobs in its Defense and Space division. This decision comes in response to a tough business environment, particularly in the satellite sector where they've faced significant losses. The European company

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Oct 16 2024BUSINESS

Jerry Jones and His Clash with Radio Station: Another Look at NFL Power Dynamics

Everyone knows the NFL has a special setup. It's like a small club where a few lucky people get to buy tickets. Recently, Jerry Jones, the owner of the Dallas Cowboys, got into a heated argument with their flagship radio station, 105.3 The Fan. This might seem like a small issue, but it actually sho

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Oct 16 2024BUSINESS

Walgreens: Closing Doors, Seeking Fresh Start

Walgreens is shutting down about 1,200 of its stores in the U.S. This move comes as the drugstore chain faces challenges like reduced prescription payouts, increased costs, and competition from online retailers and rivals with lower prices. The pandemic boost from COVID-19 vaccinations has also worn

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Oct 15 2024BUSINESS

Walgreens: Shutting Down Stores to Boost Earnings

Walgreens, a well-known drugstore chain, has decided to close 1,200 stores over the next three years. This strategic move is part of the company's efforts to save money and improve its bottom line. Among these closures, 500 stores will shut down by the end of 2025. The company believes this will hel

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